5/03/2021 10:04:00 AM
(Posted with permission). The ISM manufacturing index indicated expansion in March. The PMI® was at 60.7% in April, down from 64.7% in March. The employment index was at 55.1%, down from 59.6% last month, and the new orders index was at 64.3%, down from 68.0%.
Economic activity in the manufacturing sector grew in April, with the overall economy notching an 11th consecutive month of growth, say the nation s supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:
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The April Manufacturing PMI® registered 60.7 percent, a decrease of 4 percentage points from the March reading of 64.7 percent. This figure indicates expansion in the overall economy for the 11th month in a row after contraction in April 2020. The New Orders Index registered 64.3 percent, declining 3.7 percentage poin
®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management
® (ISM The April Manufacturing PMI
® registered 60.7 percent, a decrease of 4 percentage points from the March reading of 64.7 percent. This figure indicates expansion in the overall economy for the 11th month in a row after contraction in April 2020. The New Orders Index registered 64.3 percent, declining 3.7 percentage points from the March reading of 68 percent. The Production Index registered 62.5 percent, a decrease of 5.6 percentage points compared to the March reading of 68.1 percent. The Backlog of Orders Index registered 68.2 percent, 0.7 percentage point higher compared to the March reading of 67.5 percent. The Employment Index registered 55.1 percent, 4.5 percentage points lower than the March reading of 59.6 percent. The Supplier Deliveries Index registered 75 percent, down 1.6 percentage points from the March figure of 76.6 percent. The Inventories I
May 3, 2021
TEMPE, Ariz. â May 3, 2021 â Economic activity in the manufacturing sector grew in April, with the overall economy notching an 11th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:
“The April Manufacturing PMI® registered 60.7 percent, a decrease of 4 percentage points from the March reading of 64.7 percent. This figure indicates expansion in the overall economy for the 11th month in a row after contraction in April 2020. The New Orders Index registered 64.3 percent, declining 3.7 percentage points from the March reading of 68 percent. The Production Index registered 62.5 percent, a decrease of 5.6 percentage points compared to the March reading of 68.1 percent. The Backlog of Orders Index register
®.
® (ISM
®) Hospital Business Survey Committee: The Hospital PMI™ registered 58.8 percent in March, up 1.3 percentage points from the February reading of 57.5, indicating a 10th consecutive month of growth. The Business Activity and New Orders Indexes increased compared to February, while the Employment Index fell into contraction in March. The Case Mix Index increased to 54 percent, up 2 percentage points compared to the February reading of 52 percent. The Days Payable Outstanding Index decreased to 44 percent, down 6.5 percentage points from the February reading of 50.5 percent. The Technology Spend Index registered 51 percent, a decrease of 7 percentage points from the February reading of 58 percent. In March, hospitals began to see the shift in volumes they were hoping for in February. At some facilities, total volume was unchanged, but the patient mix significantly improved. Lower coronavirus (COVID-19) admissions and increased elective procedures was a sentim
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